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    OFF-MARKET
    Commercial real estate

    320 Ten Mile Rd, Meridian, ID 83642

    5,828 SF 1.5 ac lot Built 2024
    Entity Owned 2-yr Hold
    Property ID
    US27-0919999
    Property summary
    AI-generated overview

    This exceptional 5,828 square foot retail space is located at 320 S. Ten Mile Road in Meridian, Idaho, a rapidly growing area in the heart of the Boise Valley. The property boasts prime frontage on Ten Mile Road, a major thoroughfare with a daily traffic count of 37,500 vehicles. Currently under construction with a projected completion date of 2024, this multi-tenant building offers 4,288 square feet of immediately available space. The property sits on 1.5 acres of land and includes 35 parking spaces, ensuring ample convenience for customers. Its strategic location is a significant advantage, situated just half a mile north of I-84 and at a main entrance point for several major developments including Scheels, The Lofts at Ten Mile, The Flats at Ten Mile, and Altair Apartments. The presence of Dutch Bros Coffee as an anchor tenant will further enhance visibility and draw significant foot traffic to the property. The property is zoned C-G (General Retail and Service Commercial), offering flexibility for a variety of retail uses. The APN is R8483010020. This is a rare opportunity to secure a prominent retail space in one of Idaho's fastest-growing submarkets.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2024
    Total area 5,828 SF
    Lot 1.5 ac (65,340 SF)
    UPID US27-0919999
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Dutch Bros Coffee Cafe & Coffee Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    R2 Investments LLC · 2 yrs held
    R2 Investments LLC
    since 2023
    5 recorded transactions
    2024
    2024
    2023
    2023
    2021
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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